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Brief: ING BSK Says Poland's BFG Set Bank's MREL Requirement At 15.93% Of TREA At Individual Level

Corrects figure for MREL requirement in relation to TREA to 16.25% from 15.93% in headline and in body of the brief from May 29 after the company received corrected statement from Bank Guarantee Fund on June 5

June 5 (Reuters) - ING Bank Slaski SA INGP.WA:

POLAND'S BANK GUARANTEE FUND (BFG) SET BANK'S MREL REQUIREMENT AT 16.25% OF TREA AND 5.91% OF TEM AT THE INDIVIDUAL LEVEL

BANK'S TIER I CAPITAL INSTRUMENTS MAINTAINED FOR PURPOSE OF COMBINED BUFFER REQUIREMENT EXCLUDED FROM MREL TREA REQUIREMENT

EFFECTIVE MREL REQUIREMENT TAKING INTO ACCOUNT CURRENT COMBINED BUFFER REQUIREMENT OF 3.51% SET AT 19.44% OF TREA

Source text: ID:nEMmP1Bca

Further company coverage: INGP.WA

 (Reporting by Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

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